Overview
What is Pensacola Interstate Fair Inc?
Pensacola Interstate Fair Inc is a nonprofit organization, dedicated to conducting and managing a public fair and exposition. The purpose of their event is to promote and advance agricultural, horticultural, livestock, and other resources. In 2022, they welcomed approximately 594,234 attendees. Throughout the year, they engage in various programs and incur expenses to ensure the fair's success. The fair serves as a platform for the development and showcase of various resources, attracting a substantial number of visitors annually.
Official website here: www.pensacolafair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Pensacola Interstate Fair Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With an overall score of 82%, the organization demonstrates effective management practices, including a fully independent board, rigorous auditing processes, and no material diversion of assets, which are all positive indicators of its operational integrity.
Strengths include a high program expense ratio of 95.23%, which signifies that the vast majority of funds are directed towards carrying out its mission rather than administrative costs. The organization also maintains transparency by documenting board meeting minutes and has a healthy liabilities to assets ratio of 0.52%, indicating good financial stability.
While the rating is commendable, it suggests that there may be room for improvement in areas such as expanding outreach or broadening funding sources to enhance sustainability and impact. Overall, the organization appears to be managing its resources well while fulfilling its community-focused mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pensacola Interstate Fair Inc legitimate?
Pensacola Interstate Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pensacola Interstate Fair Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $79,982
Professional Fundraising Fees: $0
Other Salaries and Wages: $465,541
For more financial information, click here
Official website here: www.pensacolafair.com
What is the mission statement of Pensacola Interstate Fair Inc?
The mission of Pensacola Interstate Fair Inc, as stated, is to organize and manage a public fair and expose, serving the agricultural, horticultural, livestock, and other resource sectors. This endeavor aims to benefit and foster their development. The fair, attended by approximately 594,234 individuals during the 2022 event, provides various programs while incurring expenses throughout the year.
Official website here: www.pensacolafair.com
What is the revenue of Pensacola Interstate Fair Inc?
Pensacola Interstate Fair Inc's revenue in 2023 was $3,589,136.
Official website here: www.pensacolafair.com
Who are the executives of Pensacola Interstate Fair Inc and what are their salaries?
The average compensation at Pensacola Interstate Fair Inc during 2023 was $54,552. There are 10 employees at Pensacola Interstate Fair Inc.
Here are 9 key members and their salaries:
- Compensation: $0
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- Other: $0
- Compensation: $79,982
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pensacolafair.com
Where can I find the form 990 for Pensacola Interstate Fair Inc?
Pensacola Interstate Fair Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pensacolafair.com
Learn more at the official website: www.pensacolafair.com
Mission Statement of Pensacola Interstate Fair Inc
Pensacola Interstate Fair, a prominent entity, is committed to conducting and managing a public fair and exhibit. This endeavor serves to benefit and foster the development of agricultural, horticultural, livestock, and other resources. The fair attracts a substantial crowd, as evidenced by the approximately 594,234 attendees in 2022. The mission of Pensacola Interstate Fair extends beyond the annual event, involving the organization of various programs and incurring expenses throughout the year. The fair plays a significant role in showcasing and promoting the value of these resources, providing an opportunity for engagement and education for the public.
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Impact
July, 2024
The Pensacola Interstate Fair Inc's impact is significant in promoting the development and appreciation of agricultural, horticultural, livestock, and other resources through its annual fair and expose. With approximately 594,234 attendees in 2022, the fair serves as a key event for the community to come together and celebrate these important aspects of society. By offering various programs and activities, the fair contributes to the local economy and cultural landscape of Pensacola, Florida.
This information is meant to be a general summary of Pensacola Interstate Fair Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $45,913
- Program Service Revenue: $2,974,291
- Gross Receipts: $3,589,136
Assets and Liabilities:
- Total Assets: $4,563,505
- Total Liabilities: $23,737
- Net Assets: $4,539,768
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GATE ADMISSIONS
Revenue
$1,183,754
MIDWAY RIDES & CONCESSIONS
Revenue
$997,003
BEER GARDEN SALES
Revenue
$239,700
AUTO PARKING LOT
Revenue
$207,382
CONCESSIONS & COMMISSIONS
Revenue
$206,703
Organization Details
Founding Year
1910
Principal Officer
Bill Farinas Jr
Website
www.pensacolafair.comNTEE Category
Code: N520 - Recreation
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